Current Mortgage Rates in Hammond, Indiana
Saturday, September 06, 2008
Current Mortgage Rates*
Loan Type Hammond Average |
|
| 30-yr. fixed | 6.50% |
| 15-yr. fixed | 5.75% |
| 5/1 ARM | 6.00% |
| 3/1 ARM | 5.75% |
| FHA Mortgage | 6.25% |
| Fixed Rate Mortgage | 7.00% |
| VA Mortgage | 6.00% |
*Mortgage Rates Updated: 09/04/2008
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Current Mortgage Rates in Hammond, Indiana
| Hammond 30-yr. fixed Mortgage Rates | Hammond 30-yr. fixed jumbo Mortgage Rates | ||||||
|---|---|---|---|---|---|---|---|
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.54% | 8.04% | 3.74 | Citibank | 7.00% | 7.14% | 0.25 |
| Bank of America | 6.80% | 6.94% | 0.72 | Bank of America | 7.00% | 7.10% | 0.08 |
| Wachovia | 6.31% | 6.44% | 0.75 | Wells Fargo | 7.12% | 7.19% | 0.12 |
| Wells Fargo | 6.75% | 6.99% | 0.25 | Chase | 6.88% | 6.94% | 0.25 |
| Chase | 6.75% | 6.84% | 0.25 | Fifth Third Bank | 6.69% | 6.78% | 0.75 |
| Fifth Third Bank | 6.50% | 6.56% | 0.34 | ||||
| Hammond 15-yr. fixed Mortgage Rates | Hammond 15-yr. fixed jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 7.37% | 8.56% | 6.51 | Citibank | 6.75% | 6.89% | 0.00 |
| Bank of America | 6.25% | 6.49% | 0.81 | Bank of America | 7.25% | 7.38% | 0.00 |
| Wachovia | 5.76% | 6.02% | 0.87 | Wells Fargo | 7.83% | 7.96% | 0.44 |
| Wells Fargo | 6.21% | 6.34% | 0.33 | Chase | 6.50% | 6.59% | 0.00 |
| Chase | 6.38% | 6.48% | 0.12 | Fifth Third Bank | 6.31% | 6.47% | 0.75 |
| Fifth Third Bank | 5.95% | 6.06% | 0.38 | ||||
| Hammond 7/1 ARM Mortgage Rates | Hammond 7/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.50% | 7.21% | 0.25 | Citibank | 7.00% | 7.46% | 0.00 |
| Bank of America | 6.62% | 7.29% | 0.03 | Bank of America | 6.88% | 7.36% | 0.48 |
| Wachovia | 5.69% | 5.75% | 0.64 | Wells Fargo | 6.62% | 7.22% | 0.38 |
| Wells Fargo | 6.50% | 7.27% | 0.25 | Chase | 6.62% | 7.15% | 0.12 |
| Chase | 6.62% | 7.11% | 0.00 | ||||
| Hammond 5/1 ARM Mortgage Rates | Hammond 5/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.38% | 7.29% | 0.12 | Citibank | 6.88% | 7.47% | 0.00 |
| Bank of America | 6.66% | 6.12% | 0.82 | Bank of America | 8.14% | 6.63% | 1.05 |
| Wells Fargo | 6.38% | 7.27% | 0.38 | Wells Fargo | 6.38% | 7.24% | 0.25 |
| Chase | 6.50% | 7.18% | 0.00 | Chase | 6.75% | 7.32% | 0.00 |
| Fifth Third Bank | 6.17% | 5.92% | 0.30 | Fifth Third Bank | 6.21% | 7.40% | 0.86 |
| Hammond 3/1 ARM Mortgage Rates | Hammond 3/1 ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.62% | 7.51% | 0.00 | Citibank | 7.00% | 7.62% | 0.00 |
| Bank of America | 6.50% | 7.54% | 0.17 | Bank of America | 6.88% | 7.60% | 0.08 |
| Wachovia | 5.50% | 5.57% | 0.48 | Wells Fargo | 6.75% | 7.52% | 0.12 |
| Wells Fargo | 6.38% | 7.44% | 0.12 | Chase | 6.75% | 7.41% | 0.00 |
| Chase | 6.75% | 7.37% | 0.00 | Fifth Third Bank | 6.19% | 7.55% | 0.75 |
| Fifth Third Bank | 5.72% | 5.72% | 0.26 | ||||
| Hammond 1-yr. ARM Mortgage Rates | Hammond 1-yr. ARM jumbo Mortgage Rates | ||||||
| Base Rate | APY | Points | Base Rate | APY | Points | ||
| Citibank | 6.75% | 7.76% | 0.00 | Citibank | 7.00% | 7.90% | 0.00 |
| Bank of America | 6.88% | 7.66% | 0.04 | Wells Fargo | 7.25% | 7.74% | 0.12 |
| Wells Fargo | 7.25% | 7.78% | 0.12 | Chase | 7.12% | 7.62% | 0.00 |
| Chase | 6.12% | 7.53% | 0.12 | Fifth Third Bank | 6.25% | 7.68% | 0.00 |
| Fifth Third Bank | 6.12% | 7.68% | 0.00 | ||||
Banks in Hammond, Indiana
Bank Calumet, 5231 Hohman Avenue, Hammond Indiana 46325Calumet Federal Savings and Loan Association, 7007 Calumet Avenue, Hammond Indiana 46324
First Federal Savings and Loan Association of Hammond, 131 Rimbach St, Hammond Indiana 46320
Hoosier State Bank of Indiana, 479 State Street, Hammond Indiana 46325
Lake Federal Bank, 7048 Kennedy Avenue, Hammond Indiana 46323
Mercantile National Bank of Indiana, 5243 Hohman Avenue, Hammond Indiana 46325
Credit Unions in Hammond, Indiana
Finans, 7017-19 Kennedy Avenue, Hammond IN 46323 (219) 844-3125Great Horizons, 608 165th Street, Hammond IN 46324 (219) 853-6322
Lakeside, 7020 Indianapolis BLVD. , Hammond IN 46324 (219) 845-7117
Local 697, P.O. Box 2070, Hammond IN 46323 (219) 845-6040
Mortgage Statistics for Hammond, Indiana
| Hammond | Indiana | USA | |
|---|---|---|---|
| Population: Population - The population of Hammond, IN  |
75,486 | 6,080,305 | 284,881,454 |
| White Population: White Population - The number of white people living in where you might apply for a Hammond mortgage. |
53,186 | 5,319,845 | 210,951,199 |
| Black Population: Black Population - The number of black people living in where you might apply for a Hammond mortgage. |
12,084 | 510,034 | 33,966,477 |
| Hispanic Population: Hispanic Population - The number of hispanic people living in where you might apply for a Hammond mortgage. |
16,289 | 214,535 | 34,671,551 |
| HouseHolds: HouseHolds - The total number of households in Hammond, IN, where you might buy a home. |
30,728 | 2,532,244 | 117,153,924 |
| Person per Household: Person per Household - The average number of people in a household in Hammond, where you might apply for a Hammond mortgage. |
2 | 2 | 2 |
| Average House Value: Average House Value - The average house value in Hammond, IN |
$74,054 | $94,162 | $132,188 |
| Income per Household: Income per Household - The household income where you might compare Hammond mortgage interest rates. |
$34,863 | $42,503 | $43,800 |